NuScale Power Q4 2023 GAAP EPS $(0.25) Misses $(0.10) Estimate, Sales $4.560M Miss $8.943M Estimate
Portfolio Pulse from Benzinga Newsdesk
NuScale Power (NYSE:SMR) reported Q4 2023 earnings with a GAAP EPS of $(0.25), missing the $(0.10) estimate by 150%, and sales of $4.560M, missing the $8.943M estimate by 49.01%. This represents a 19.05% decrease in EPS and a 32.64% increase in sales from the same period last year.
March 14, 2024 | 8:31 pm
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NuScale Power reported a significant miss in both EPS and sales for Q4 2023, with EPS at $(0.25) vs. $(0.10) estimate and sales at $4.560M vs. $8.943M estimate.
The significant miss in both EPS and sales estimates for Q4 2023 indicates underperformance by NuScale Power, likely leading to negative investor sentiment and a potential short-term decrease in stock price.
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IMPORTANCE 90
RELEVANCE 100